What Tax Bracket Am I In?

What tax bracket am I in? It’s a question many Americans are asking themselves right about now, even though tax day—April 15, 2013—is a long way away. Below is a chart of the projected tax brackets for 2013, as posted on MyDollarPlan.com and numerous other websites.

The figures are based on President Obama’s budget proposal for 2013, and if the administration gets its way, the top tax rate will increase from 35 percent to 39.6 percent. The reason for the increase is that several tax cuts enacted under President George W. Bush are set to expire. Experts believe Congress won’t vote on the matter until after the 2012 presidential election, but if the Bush cuts are not extended, will mean higher taxes for most individual payers. A summary of the major changes is available at Mondaq.com.



As NovelInvestor.com points out, the increase would amount to $500 billion, or 3.4 percent of the U.S. GDP (gross domestic product). Democrats and Republicans are predictably split over the issue of tax increases, and those on the conservative side of the fence believe higher taxes will hurt job growth and corporate spending.

Callous tweet about Torrey Smith sets Twitter on fire

Nick Wass, AP

Not sure if you've noticed or not, but there are plenty of morons on Twitter.

You're about to meet maybe the biggest moron of them all (I'll do my best to keep it clean). Sunday night's game between the Patriots and Ravens was an emotional roller coaster, and this was especially true for wide receiver Torrey Smith, who learned earlier in the day that his younger brother, Tevin, had been killed in a motorcycle accident.

Smith still played and courageously posted 127 yards receiving and two touchdowns to help Baltimore to a 31-30 comeback win dedicated to his brother. It was a stirring performance that had to move anybody with a beating heart. There's no way anybody, not even a bitter Patriots fan, would have the audacity to taunt Smith on Twitter. Right? Right?

Wrong.  Enter @katiebrady12, who sent out this disgusting tweet after Sunday night's game: "Hey, Smith, how about you call your bro and tell him about your wi--- ohhhh. Wait. #TooSoon?" Yup, she went there.

To the dismay of this blogger, as well as plenty of others, who turned her tweet viral by re-tweeting in shock that someone could be so callous. Even Ray Rice responded: "@katiebrady12 smh u are terrible I hope you know the word karma" Later Sunday night, the woman, who has since switched her profile to private, tweeted apologies after incurring the wrath of fans.